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Business

RBI hikes CRR to 8.25 percent, keeps key interest rates unchanged

The Reserve Bank of India (RBI) today hiked the Credit Reserve Ratio (CRR) by 25 basis points to 8.25 per cent with effect from May
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Food, fuels and fertilizers are three challenges facing the world: Nath

Commerce and Industry Minister Kamal Nath today identified three challenges facing the world. The challenges were food, fuels and fertilizers.  Speaking at the session ...
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BHEL, NTPC join hands to set up a joint venture company

Bharat Heavy Electricals Limited (BHEL) and National Thermal Power Plant (NTPC) on Tuesday joined hand to set up a joint venture company to carry out ...
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‘Emotional inflation’ is as risky as fiscal inflation

As the market stock market soars, investors get carried away with excitement and wishful ‘phantasies’, suppressing negative emotions which would otherwise warn them of the ...
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K V Kamath elected CII President for 2008-09

Mr K Vaman Kamath, Managing Director and CEO, ICICI Bank has been elected as the President of CII for the year 2008-09. He will assume ...
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